The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-07-22
B. G. O. DEAL ONCE MORE.
Ives & Staynor Serve Papers on Mr.. Garrett.
"A Big Railroad Lawsuit Is Imminent.

NEW YORK July 21.-The World tomorrow
will publish the following: Henry S. Ives and
G. n. Staynor have sued Robert Garrett. Yes
terday they commenced two actions in the Su-
preme Court of the State, and the summons in
each served upon Mr. Garrett last night at
the Victoria Hotel One action is for the specific
performance, the part of Mr.. Garrett, of a
contract made between him and Henry S. Ives
and George Ell. Staynor for the delivery to the
last named at fixed gum, of a controll-
ing interest in the stock of the Baltimore
& Ohio railroad. which carried with it both the
telegraph and express companies. The other
suit is for pecuniary damages for the breaking
of this contract. This action on the part of Ives
e. Staynor was FASTENED on account of Mr.. Gar
rett's contemplated departure for Europe to-
morrow The complaints in the two suits will
be drawn and served soon as possible. Ex-
Governor Hoadly Of Ohio, is Ives s. Staynor's
counsel"
A gentleman who has been conversant with
this matter from its inception said last night to
World reporter: ''Mr. Garrett Iknow, entered
into a written contract with Ives s. Staynor by
which he agreed to deliver to them a
trolling interest in the Baltimore q Ohio
company. This contract carefully drawn
under the supervision of lawyers representing
all the parties to it, and was the subject of
numerous conferences before it gotten into
shape. 1t was not contract that called for
specific payment on a fixed date, for necessarily
the carrying out of such a scheme subject
TO many incidental delays contracts with other
parties. and the perfecting OF arrangem is with
other lines, to complete powerful trunk
line system. The conferences with Mr.
Garrett have all been very pleasant, and
at the last one with him, on Tuesday
l understand that owing to sore unforeseen de-
: iaye aAT. Garrett himself nsade xsfsss iiss4ss
whereby he could go abroad and still close the
matter beforehand. and am told that, acting
on his suggestion, arrangements had practically
been consummated By which the deal would have
been brought to a successful conclusion to-day
tomorrow. Mr.. Garrett's letter today
q complete surprise. If, / told,
Ives has concluded to fight,
predict, from my knowledge of all the
suit that will become historical. for Garrett is a
fighter, too. His record shows that, and he will
spare neither time nor money to carry his point.
Ives now will, probably, not make any demand
on Mr.. Garrett for the 5000, 900 cash paid the
latter when the contract was made, or for the
81, 500. 600 collateral put up by him and Staynor
as, from the position he seems to be taking, he
would naturally consider that, a sale having been
made to him, the money and securities properly
belong to Mr. Garrett, and do not believe he
would accept them if they rendered him.
has received overtures direct from jay Gould,
and that may be the explanation of his conduct
in taking this step to freeze Ives out, that he
can treat directly with the Gould party
When World reporter called on Mr. Garrett,
tonight, at the Victoria Hotel, and asked about
the suits by Ives & SLaynor. he declined to speak
about the matter.